Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Chinese shares open 0.62% lower
+ -
10:39, December 10, 2008

 Related News
 Chinese shares lower with heavy trading on 2nd day of key economic meeting
 Chinese shares open almost flat
 Chinese shares rise 3.57% on major economic conference
 Chinese shares open higher ahead of key economic conference
 Chinese shares close slightly higher, extending gains for third day
 Comment  Tell A Friend
 Print Format  Save Article
Chinese shares opened slightly lower on Wednesday in anticipation of possibly unsatisfactory economic data followed by measures to further stimulate the economy to be announced at the conclusion of a key economic conference.

The benchmark Shanghai Composite Index lost 0.6 percent, or 11.11 points, to 2,025.03 at the opening. The smaller Shenzhen index was down 49.87 points, to open at 7,311.12.

The key Shanghai index shot up to a high of 2044.01 shortly after the trading began, before it went lower again.

China Customs is expected to release November trade figures on Wednesday, and some analysts said that China's export may post a decline on a yearly basis.

On the same day, the three-day Central Economic Work Conference which gathered the country's top leaders will conclude and more measures are expected to maintain the stable growth of the economy against the adverse global economic circumstance.

In the previous trading day, Chinese shares fell more than 2.5 percent upon profit-taking from gains in the previous two days, and on worries about possibly unsatisfactory economic data.

Source: Xinhua

  Your Message:   Most Commented:
China postpones summit with EU due to French leader's planned meeting with Dalai Lama 
Two Chinese sue Apple for patent infringement 
Is Obama going to reshape the American image? 
Russia, Venezuela to hold joint naval maneuvers
Tensions high in Gaza city

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved